Tours Philippines - Crony Capitalism: Corruption and Development in South Korea and the Philippines (Cambridge Studies in Comparative Politics)
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List Price: $31.99
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Manufacturer: Cambridge University Press
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Average Customer Rating:  
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Binding: Paperback
Dewey Decimal Number: 320.95195
EAN: 9780521004084
ISBN: 052100408X
Label: Cambridge University Press
Manufacturer: Cambridge University Press
Number Of Items: 1
Number Of Pages: 224
Publication Date: 2002-02-11
Publisher: Cambridge University Press
Studio: Cambridge University Press
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Editorial Reviews:
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Why has the literature on Asian development not addressed the issue of money politics in Korea? How can we reconcile the view of an efficient developmental state in Korea before 1997 with reports of massive corruption and inefficiency in that same country in 1998 and 1999? Politics is central to the answer. This study argues that both Korea and the Philippines experienced significant corruption throughout the post-independence era, and that political--not economic--considerations dominated policy making in both countries.
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Spotlight customer reviews:
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Customer Rating:
Summary: Kang: Crony Capitalism
Comment: The product arrived pretty quickly, and the book was in excellent, brand-new condition. No problems from this seller.
Customer Rating: 
Summary: An interesting book for specialists
Comment: This book takes on an important topic: the relationship between corruption and economic development, focusing on two countries, South Korea and the Philippines. It began, apparently some years ago, as the author's dissertation. As a consequence, most of the analysis and references apply to events in the past. It is much better on Korea than it is on the Philippines. The book argues that the outcomes in the Philippines and Korea are best understood as a competition between the political and economic elite for the rents generated by the economy. Since the competition between the political and economic elite was more balanced in Korea, corruption there did not spiral out of control as it did in the Philippines. A chapter attempting to analyze these countries rather differing experiences in the 1997 Asian financial crisis (the Philippines fared better than Korea) in terms of this framework seems appended to any already finished product. The book does make the important point that simply invoking the slogan "developmental state" is an inadequate explanation of these two countries differing histories.
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